Originally Posted by
davidjohnson6
I'm puzzled... why are local Govt taking on all the risk and putting up all the cash for this, just so people can fly from an airport nearer their home to go to a Mediterranean beach and spend money in a different country ? I just can't see the economic pay-back for the region. If private investors don't like the risk-return profile, and the inward investment and local-business-trade opportunity profile is limited, why are Govt so keen to cough up ?
Business decisions driven by political dogma rarely end well
There isn't an economic payback, there would however be an enormous regional political willy to wave.
If there was a massive inbound business and / or tourist market to serve the equation might be different. If EMA didn't exist then a large cargo / logistics hub might also provide a good economic case, but it does and there isn't.